I think is more and more users. Tx is up, and have been more stable over 30k last week. My bet is adoption. And maybe Fomo amongst bitcoiners. Many missed it when bitcoin was in the Silk Road days. I think #monero is at this stage now, but with no way to stop it

10 year market structure (out)break vs gold.

Feels like that could lead to a blow off top though, because that's a very large move in a very short amount of time. Especially for Monero, which grows pretty steadily at 15% YOY.

MiCA hit the EU and there are casualties already, propably people are using monero as a shield and a lifeboat for many reasons

What did Bawdy say about a blow off top on last price report? Can't remember precisely, but didn't he say he wasn't that worried about a blow off top?

I'd have to listen again to be sure, but I think you're right.

At one point you'd expect to break the 15% YOY growth. It will reach a new price floor. Then blow off and oscillate for another decade.

I just remembered he said "we made it" 😆😂